The Process of Transferring Information from a General Journal to a General

question 117

Multiple Choice

The process of transferring information from a general journal to a general ledger is referred to as _____.

• A) posting
• B) transposing
• C) recording
• D) debiting
• E) journalizing

---

Definitions:

Buyer Requirement

A set of criteria or needs specified by the customer which a product or service must meet.

Installation

The process of setting up or configuring a product or system so that it is ready for use.

Delivery

Refers to the process of transporting goods from a seller to the purchaser's location.

Credit

Refers to the ability of a consumer or business to borrow money with the promise to repay it, along with any agreed upon interest, at a later date.